Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

650 SERVIA Drive, St. Johns, FL 32259 (MLS# 2147446)

650 SERVIA Drive, St. Johns, FL 32259

$2,000

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,502 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $2,000 List Date: 5/28/2026 Last Modified: 6/04/2026

Overview

Description

Move-in Ready! This maintenance free townhome built in 2018 offers 3 Bedrooms and 2.5 Bathrooms, an open floor plan, all stainless steel appliances including washer and dryer. Peaceful backyard with preserve view and 1 car garage. A rated schools, enjoy all the amenities at Durbin Crossing. * Credit score must be 640 above, Income 3 times more than the rental price, no smoking.

Listing Details MLS# 2147446

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1502
Living Area Source: Appraiser
Year Built: 2018
Lot Size Acres: 0.11
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From Race Track Rd take St. Johns Pkwy south approximately .5 miles to community on the right at Servia Drive.
Public Remarks: Move-in Ready! This maintenance free townhome built in 2018 offers 3 Bedrooms and 2.5 Bathrooms, an open floor plan, all stainless steel appliances including washer and dryer. Peaceful backyard with preserve view and 1 car garage. A rated schools, enjoy all the amenities at Durbin Crossing. * Credit score must be 640 above, Income 3 times more than the rental price, no smoking.
List Price/SqFt: 1.33
Sold Price/SqFt: 1.33

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s) Water Source: Public Parking Features: Garage Sewer: Public Sewer View: Trees/Woods Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central

Contract Information

Rental Service: None
Property Sub Type: Townhouse
Listing Contract Date: 2026-05-27
Lease Term: 12 Months

Location Tax and Legal

Street Number: 650
Street Name: SERVIA
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Palisades At Durbin Crossing

Status Change Information

Major Change Timestamp: 2026-06-04T13:26:28Z
Major Change Type: Status Change
Purchase Contract Date: 2026-06-02
Close Date: 2026-06-03
Close Price: 2000

Deposits and Fees

Pet Fee/Deposit: 400
Security Deposit: 2000

More Information

Listing Office: LOKATION

Last Updated: June - 04 - 2026

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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